A Guide to the Economic Evaluation of Individual Transferable Quota Fisheries

Abstract

Detailed economic analyses of fisher performance are critical inputs in improving the management of fisheries. The paper provides guidelines about the economic methodologies and the data required to monitor and assess the performance of individual transferable quota fisheries. In particular, it describes the methods of evaluation that could be applied to examine profitability, competitiveness, efficiency, equity, productivity, output and input interactions, capacity and sustainability of such fisheries.